Silver price provided negative trades to approach the intraday bullish channel’s support line, noticing that stochastic got rid of its negative momentum to support the chances of resuming the recently suggested bullish trend, which targets 27.00 level as a next station.
Therefore, the bullish trend will remain valid and active for the upcoming period unless we witnessed clear break and hold below 25.50.
The expected trading range for today is between 25.80 support and 26.70 resistance.
The expected trend for today: Bullish